Africa is a continent rich in human resources, talent, entrepreneurial stamina and mineral resources and is home to one of the fastest growing middle classes in the world estimated at around 350 million. Despite progress made, Africa is burdened by poor economic leadership , difficult to convert currencies and old colonial borders drawn for administration rather than economic markets and inconsistent with the growth of large commercial markets such as Comesa.
Low banking and insurance penetration affects 70-90% of those who do not have bank accounts in Africa. This has resulted in a rapidly growing exchange and informal remittance market that is largely driven by cash that allows international trade. Cash money is risky, expensive and limited in terms of credit growth, financial inclusion and large purchases.
ImpalaCoin is a crypto currency that feeds Impala banks and financial networks. Crypto bank is an inclusive financial trading and transaction transaction whose main objectives are informal, paper, cash, cross border traders, international traders, international supply chain support agents, e-commerce businesses. Along with the ongoing crypto economy, ImpalaCoin will work with other logistics players, such as transportation, smart contracts, legal documentation, customs and taxes, warehousing, standard and quality certification, fuel, housing, and so on. ImpalaCoin will be able to circulate in this ecosystem before entering other currencies, making the ImpalaCoin the first to use crypto currency in real life.
There is an urgent need for the integration of all countries and their integration into the joint trading and financial platform of Africa. ICM is currently building the largest autonomous online blockchain in the world, supported by digital banks or financial networks, which will be the main foundation in creating a cross-border ecosystem in parallel with ongoing activities to create crypto economics. Crypto banks are built on the star tracks of the blockchain network and payments and the ImpalaPay mobile money processing infrastructure. Market our secondary targets for international money transfers, bill payments, and market tax collection that we can provide reliably through transaction processing in more than 117 countries.
The goal that can be achieved by ICM is to become a pioneering and main cross-border trade crypto currency, which enables international trade between Africa & between Africa and its trading partners.
What is very important for this purpose is to launch the Crypto Bank or Financial network on the biggest Blockchain offline and online economic ecosystem network in the world. Banks or financial networks will be interrelated and can be operated with the Bank, cellular money purses, crypto currencies, payment service providers, sales agent payments, postal companies assisted by cellular sales points and partner terminals.
There is an urgent need to integrate all these countries and bring them to the same intra-African financial and trading platform. ICM is currently building the world’s largest offline & online blockchain supported by digital banks or financial networks that will be the main foundation in building cross-border ecosystems in parallel with sustainable activities to build crypto economics. ICM will collaborate with other logistics players such as transportation, smart contract legal documentation, customs and tax authorities, warehousing, quality standards and certifications, fuel, accommodation etc. ICM will be able to circulate in this ecosystem at least eight times before going out to another currency making ICM the first currency that can be used in real life.
There is an urgent need to unite all these countries and bring them into the same intra-African financial and trading platform. At present, ICM is creating the world’s largest autonomous and online blockchain, supported by digital banks or financial networks, which will be the main foundation for creating a cross-border ecosystem along with ongoing activities to create crypto economics. ICM will work with other logistics participants, such as transportation, smart contract legal documentation, customs and tax authorities, warehousing, standard and quality certification, fuel, housing, etc. ICM will circulate in this ecosystem at least eight times, before entering other currencies, making ICM the first truly real currency to use.
ICM has the potential to solve Africa’s real global financial problems, including inflation from advanced currencies and exchange instruments, provide a global village economy with access to consumer and industrial goods, and encourage exports and savings in a stable currency.
Intra-African annual trade value
$ 600 billion
International global remittance. $ 40 billion is part of Africa.
cross-African and inter-African borders and international trade are carried out by informal cross-border traders and SME traders
The trade value of countries on the One Belt One Road trade route
$ 300 billion
Annual international trade between China and Africa.
Value of cash trading in emerging markets
The number of registered mobile money accounts
$ 1 billion
The amount is processed through cellular money in a day.
Mobile wallet in Africa.
A mobile money account is registered in East Africa.
$ 18 billion
The annual value of informal trade across East African borders.
ICM was established and began building the world’s first P2P cross-border transfer switch.
Went with Bharti Airtel – the first transaction worth $ 100 sent from the Democratic Republic of the Congo.
Upgrade to full B2B Hub that introduces interoperability between cellular money wallets, banks and international money providers.
First cryptocurrency transfer from Bit-x to Airtel money.
Interoperability between MTN money and Airtel is completed giving access to more than 150 million cellphone wallets.
Registration of office in Hong Kong.
Interoperability with UBA Bank, Afrikash application, and online merchant MAsterCard.
Signed with Liri access to payment of traders to more than 23 Asian markets including China.
Go directly to the Vitesse P2P access to the European region & Sepa.
Directly with first access to Global data to markets throughout North America.
Signed with Telkash Access to Latin America & Australia present in 116 countries.
Launches global revenue collection, cellular money, cryptocurrency & bank processing gateways as an alternative to traditional card payments.
More than USD 108 billion is processed through the ICM hub.
Registration of offices in the UK
Signed with Msewa technical partners to build Comet Applications that will be integrated into the Stellar network.
Digital bank IPL & ICM pilot in Equatorial Guinea.
Comet App is deployed on android;
Pre-ICO – Stellar Network Launch.
Complete integration to the Stellar Blockchain.
Acquisition of E-money Issuer Permit.
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